UPFI NetworkUPS
$0.000215
Market/Exchange
UPS Price Prediction and Price Movement
UPS is up 20 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of UPS can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, UPS has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on UPS's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
UPFI Network Price Chart
About UPFI Network
UPFI Network, the fractional-algorithmic stablecoin protocol on Solana, has completed its funding round, raising more 2 million USD in Seed Round and Private Round, Public sale. This round of fundraising has attracted several prestigious investors, backers and community partners worldwide. UPFI Network currently has more than 110,000 followers on social media channels.
UPFI Network has reached an impressive milestone by winning the 1st prize at Solana Season Hackathon - Nation Vietnam.
UPFI Network is the unique fractional-algorithmic stablecoin protocol. UPFI Protocol's final goal is to provide stable, highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets. This stablecoin protocol should help to overcome the risks and restrictions that previous stablecoins have, by providing the 2 tokens - system: UPFI and UPS. Whereas, UPFI is a stable coin partially backed by collateral (USDC and UPS share token), and partially stabilized algorithmically. UPFI price is guaranteed to be pegged at 1$. Besides, UPS is the non-stable and utility token, serving as a volatility-absorbing asset, and gives the protocol greater capacity for scaling since the system requires less external collateral (USDC) to grow.